542 North Kenmore Avenue
542 North Kenmore Avenue
$2,500,000
12
6
6,563
6,563
$381
Description
Attention investors and developers! An extraordinary investment opportunity awaits in the heart of Los Angeles at 542-544 N. Kenmore Ave. This property boasts a compelling location in the hot Mid-Wishire district. The property has been in use as a rehabilitation facility for two decades but is ready to be developed or returned to its original glory: 4 large 2BR 1BA classic 1920 apartments w/ hardwood floors, high ceilings, etc., plus a 4-bedroom guest/rental unit in the rear building. The bones are...Attention investors and developers! An extraordinary investment opportunity awaits in the heart of Los Angeles at 542-544 N. Kenmore Ave. This property boasts a compelling location in the hot Mid-Wishire district. The property has been in use as a rehabilitation facility for two decades but is ready to be developed or returned to its original glory: 4 large 2BR 1BA classic 1920 apartments w/ hardwood floors, high ceilings, etc., plus a 4-bedroom guest/rental unit in the rear building. The bones are there, but the building will need substantial renovations for this use. Alternatively, develop the property into five-story 15+ unit building, like several others in the neighborhood. Close to freeways and subways, it's an easy commute to DTLA and the Valleys, and just a ten minute walk to LA City College. Our walkable neighborhood is one of the most dynamic and diverse in the US, with a full range of retail and multi-cultural food options close by: Korean BBQ's, cafes, and on-trend restaurants - more are arriving every day. Authenticity and vitality are the keys to this neighborhood; they combine to make this location increasingly sought after by the young creatives pouring in to Los Angeles. Transportation options are critical to your future residents and they are abundant: we are 7 blocks from the Vermont/Beverly Metro station; and close to bus arteries along Beverly and Temple. We also have easy access to the Hollywood Freeway. And yet our street is quiet. Our block has one of the widest streets in the Mid-Wilshire district, creating an almost park-like setting that encourages neighborhood walks and means abundant convenient street parking. We note: the photos are current and show the current institutional use. The property will be delivered vacant and ready for whatever option you choose. Drive by only! DO NOT disturb residents. Please contact the agent for appointment showings.
- Listed by Michael O'Reilly • DRE #01396059 • Brokerage DRE #00636086 • Beverly and Company, Inc.
Property Details for 542 North Kenmore Avenue
Water Front
None
ZoningLAR3
Cross StreetsVermont and Beverly
Parcel Number5520008019
Total Units5.0
Living Area6563
Source Living AreaVendor Enhanced
AreaMid-Wilshire (C17)
Location
LISTING UPDATED: 03/27/2024 03:39 PM
Property Details for 542 North Kenmore Avenue
Status | Active |
---|---|
MLS # | 24-350471 |
Days on Market | 99 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1922 |
Lot Size | 0.22 AC / 9,603 SF |
County | Los Angeles County |
Location
Building Information for 542 North Kenmore Avenue
Stories2Residences-Year Built1922Building Size-Lot Size0.22 AC / 9,603 SF
Payment Calculator
$13,740 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 542 North Kenmore Avenue
Property History for 542 North Kenmore Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 542 North Kenmore Avenue
Taxable ValueLand$362,074Additions$83,991Total$446,065
Tax Record2023$1,152 ($96 / month)
Home Facts
Total Finished SqFt6,563 SqFtAbove Grade Finished SqFt6,563 SqFtLot Size9,600 SqFtStyleMulti-Family Res (5+ Units)Year Built1922ZoningLAR3CountyLOS ANGELESAPN5520-008-019
Schools near 542 North Kenmore Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Alexandria Avenue Elementary School PublicK to 5 | ||
Virgil Middle School Public6 to 8 | ||
Contreras Learning Center-School Of Social Justice Public9 to 12 | ||
Academic Leadership Community School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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